Security Systems News - VMShttp://www.securitysystemsnews.com/taxonomy/term/737
enFLIR buys DVTEL for $92mhttp://www.securitysystemsnews.com/article/flir-buys-dvtel-92m
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<div class="field-item even"> Deal brings commercial video and software offerings, cloud and cybersecurity initiatives</div>
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<div class="field-item even" property="schema:datePublished dc:date"><span class="date-display-single" property="schema:datePublished dc:date" datatype="xsd:dateTime" content="2015-12-07T00:00:00-05:00">12/07/2015</span></div>
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<div class="field-item even" rel="schema:author dc:creator">Martha Entwistle</div>
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<div class="field-item even" property="schema:articleBody content:encoded"> <p>WILSONVILLE, Ore.—In a deal that builds out its commercial security capabilities and adds software expertise, FLIR Systems, based here, on Nov. 30 bought video surveillance provider DVTEL for $92 million cash.</p>
<p>Known in the security world for its thermal cameras <a href="http://www.securitysystemsnews.com/article/flir-buys-lorex-59-million">and its 2012 purchase of Lorex</a>, FLIR is a $4 billion enterprise that makes visible-light imaging systems, locater systems, measurement and diagnostic systems and threat-detection solutions.</p>
<p>“This deal expands FLIR’s presence in commercial, from SMB to enterprise-class customers,” John Mack, Imperial Capital EVP, told <em>Security Systems News</em>. Imperial Capital advised DVTEL on the deal.</p>
<p>“They had a smattering of commercial products, but this gives FLIR a much more full line of cameras, software and VMS,” Mack said.</p>
<p>With its large-company infrastructure and international sales channel, FLIR “will be able to bring DVTEL’s product line to more customers worldwide,” he said.</p>
<p>Beyond the fundamentals, DVTEL“has a couple of key initiatives [such as cybersecurity and cloud] underway that made it a more attractive target,” Mack said.</p>
<p>DVTEL announced its cybersecurity initiative at ISC West. Additionally, “the fact that it has built out a cloud-based solution was interesting to FLIR,” he added.</p>
<p>Aside from former DVTEL president and CEO Yoav Stern, who will not join FLIR, most of the team is expected to stay on, Mack said. DVTEL COO Zvi Peled is working with FLIR on the transition.</p>
<p>In addition to VMS, software and cameras, DVTEL also sells servers and encoders.</p>
<p>Founded in 2000, DVTEL is a private company with 130 employees. In addition to its Ridgefield Park, N.J., headquarters, it has offices in Florida, Texas, Illinois, California and Massachusetts. It also has international offices in Mexico, United Kingdom, India, Australia, China and Singapore.</p>
<p>FLIR anticipates this transaction will be neutral to 2015 net earnings and accretive thereafter.</p> </div>
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<span property="dc:title" content="FLIR buys DVTEL for $92m" class="rdf-meta element-hidden"></span>Mon, 07 Dec 2015 07:27:18 +0000SSN Editor18729 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/article/flir-buys-dvtel-92m#commentsMilestone, Genetec top VMS markethttp://www.securitysystemsnews.com/article/milestone-genetec-top-vms-market-0
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<div class="field-item even"> They’re largest vendors, IHS says</div>
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<div class="field-item even" property="schema:datePublished dc:date"><span class="date-display-single" property="schema:datePublished dc:date" datatype="xsd:dateTime" content="2015-09-09T00:00:00-04:00">09/09/2015</span></div>
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<div class="field-item even" rel="schema:author dc:creator">Amy Canfield</div>
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<div class="field-item even" property="schema:articleBody content:encoded"> <p>YARMOUTH, Maine—Milestone Systems and Genetec are the two largest vendors of video managed software in the $1.1 billion VMS market, according to IHS.</p>
<p>In the past 18 months, <a href="http://www.securitysystemsnews.com/article/canon-buy-vms-provider-milestone-systems">Canon acquired Milestone Systems</a>, <a href="http://www.securitysystemsnews.com/article/panasonic-buy-video-insight">Panasonic acquired Video Insight</a>, <a href="http://www.securitysystemsnews.com/article/onssi-acquire-german-based-vms-provider">ONSSI acquired SeeTec</a> and, most recently, <a href="http://www.securitysystemsnews.com/article/battery-ventures-buy-nice-security-unit-100-million">NICE Systems decided to sell off its physical security business unit</a>. Despite this, supply of VMS remains fragmented, IHS said in the statement.</p>
<p>According to IHS estimates, no single vendor possessed a share greater than eight percent in 2014, and that is unlikely to change greatly in 2015. </p>
<p>Milestone Systems and Genetec have been the largest vendors of VMS for the past six years, but there have been big changes in the rankings of other Top 10 vendors during this time. Netposa, Hikvision, Avigilon and Huawei are all companies that have gained share, IHS said.</p> </div>
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<span property="dc:title" content="Milestone, Genetec top VMS market" class="rdf-meta element-hidden"></span>Wed, 09 Sep 2015 19:42:16 +0000Amy Canfield18550 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/article/milestone-genetec-top-vms-market-0#comments3VR sees benefit in rep firmshttp://www.securitysystemsnews.com/article/3vr-sees-benefit-rep-firms
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<div class="field-item even">Rep firms help the company expand in geographies, verticals</div>
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<div class="field-item even" property="schema:datePublished dc:date"><span class="date-display-single" property="schema:datePublished dc:date" datatype="xsd:dateTime" content="2015-06-16T00:00:00-04:00">06/16/2015</span></div>
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<div class="field-item even" rel="schema:author dc:creator">Spencer Ives</div>
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<div class="field-item even" property="schema:articleBody content:encoded"> <p>SAN FRANCISCO—3VR, a video intelligence company based here, expanded a year ago into a manufacturer representative model with positive results in the last 12 months.</p>
<p>“To date, we have signed [10] rep firms, covering the U.S., some of Canada and some of Latin America,” Jeff Karnes, 3VR’s senior VP of marketing and operations, told <em>Security Systems News</em>. “There are one or two additional territories that we would like to fill, but by and large we feel that we have the coverage that we want.”</p>
<p>“We’re starting to see a lot more on-the-ground activity because of that rep firm strategy. They’re signing up a lot more regional integrators,” Karnes said, though he declined to release direct figures.</p>
<p>The strategy is helping 3VR branch out into different verticals, such as government and education, Karnes said. </p>
<p>In addition to the loss prevention side of 3VR, which includes VMS and other appliances, “we’re also pushing out our customer insights and our dashboard through [the rep firms] as well,” Karnes said.</p>
<p>Another current goal for 3VR is marketing its VMS, which it introduced about four years ago. Karnes said the VMS analytics enable users to “search content quickly and get investigators to [an] exact event or point in time.”</p>
<p>Karnes said the scale of the VMS’ enterprise capability stands out. Typical VMS vendors define enterprise capabilities as managing an entire building, Karnes said, “We think of enterprise as not just [one] building, but multiple buildings… multiple devices—across locations, across geographies.” </p> </div>
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<span property="dc:title" content="3VR sees benefit in rep firms" class="rdf-meta element-hidden"></span>Tue, 16 Jun 2015 14:01:08 +0000Spencer Ives18389 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/article/3vr-sees-benefit-rep-firms#commentsOnSSI to acquire German-based VMS providerhttp://www.securitysystemsnews.com/article/onssi-acquire-german-based-vms-provider
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<div class="field-item even" property="schema:datePublished dc:date"><span class="date-display-single" property="schema:datePublished dc:date" datatype="xsd:dateTime" content="2015-04-09T00:00:00-04:00">04/09/2015</span></div>
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<div class="field-item even" property="schema:articleBody content:encoded"> <p>PEARL RIVER, N.Y. – Video management software company OnSSI will acquire SeeTec AG, a privately held company based in Germany that provides VMS solutions in Europe.</p>
<p>The acquisition agreement, announced April 7, combines the strengths of OnSSI and SeeTec by leveraging OnSSI’s industry-leading Ocularis VMS platform with SeeTec’s advanced logistics suite of products, the company said.</p>
<p>“This acquisition is important for our growth, diversification and global presence strategies,” Gadi Piran, OnSSI’s president and CTO, said in a prepared statement.</p>
<p>“SeeTec is highly regarded in European markets for its software development, client services and outstanding customer relationships. They will continue to provide these services locally, while working together with OnSSI to expand globally. The combination of OnSSI’s leading position in many vertical markets and SeeTec’s focus on video-based business and logistics add-on modules will create strong VMS solutions across multiple vertical markets,” he said.</p> </div>
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<span property="dc:title" content="OnSSI to acquire German-based VMS provider" class="rdf-meta element-hidden"></span>Thu, 09 Apr 2015 18:56:41 +0000Amy Canfield18257 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/article/onssi-acquire-german-based-vms-provider#commentsHikvision adds analyticshttp://www.securitysystemsnews.com/also-noted/hikvision-adds-analytics
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<div class="field-item even"><span class="date-display-single" property="dc:date" datatype="xsd:dateTime" content="2015-03-15T00:00:00-04:00">03/15/2015</span></div>
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<div class="field-item even" property="content:encoded"> <p>CITY OF INDUSTRY, Calif.—Video surveillance provider Hikvision and video analytics provider Agent Video Intelligence (Agent Vi), announced that Agent Vi’s embedded component will run on Hikvision cameras.</p>
<p>The integration enables end users to run Agent Vi’s full range of video analytics solutions on up to 200 Hikvision cameras simultaneously per single server, the companies announced. <br /> Hikvision’s U.S. operations are based here; Agent Vi is based in Rosh Ha’ayin, Israel.</p>
<p>Cameras from Hikvision’s 4 series Smart IP camera range are the first to be included in the integration. The cameras are designed to meet professional market requirements for efficient bandwidth and storage utilization, as well as image quality and customer convenience. With 1.3/2/3MP resolution in bullet, dome and box styles available, the cameras provide solutions for users’ different needs.</p>
<p>Agent Vi’s advanced video analytics platform, savVi, includes automated video analysis tools for the immediate detection and extraction of events and data from surveillance footage. The platform includes real-time event detection, video search and business intelligence applications.</p> </div>
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<span property="dc:title" content="Hikvision adds analytics" class="rdf-meta element-hidden"></span>Sun, 15 Mar 2015 17:29:46 +0000SSN Editor18180 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/also-noted/hikvision-adds-analytics#commentsSiemens to OEM Milestone's VMShttp://www.securitysystemsnews.com/blog/siemens-oem-milestones-vms
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<div class="field-item even" property="schema:author dc:creator">Martha Entwistle</div>
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<div class="field-item even" property="schema:datePublished dc:created"><span class="date-display-single" property="schema:datePublished dc:created" datatype="xsd:dateTime" content="2015-01-21T00:00:00-05:00">01/21/2015</span></div>
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<div class="field-item even" property="schema:articleBody content:encoded"> <p>Siemens announced this morning that it has entered into a "long-term strategic partnership" with Milestone and will be OEMing Milestone's VMS software for its Siveillance VMS.</p>
<p>Siemens said Siveillance includes "software-based security platforms and modules that are used in critical infrastructures and by enterprise customers." It is also working with Milestone on "another application for the video technology ... Desigo CC management platform for building and security technology."</p>
<p>The Siveillance VMS in available in three versions.<br /> • VMS 100 supports up to 128 cameras and is suitable for small and medium-sized facilities.<br /> • VMS 200 meets the demands of centrally managed systems with the high scalability requirements typical of major industrial facilities.<br /> • VMS 300 is used in systems that are distributed over multiple locations. It centrally manages user and system data. VMS 300 has a redundant design and is therefore available during network interruptions. It is suitable for critical infrastructures such as airports.</p>
<p> Long-term strategic partnership with Milestone<br />Siemens' OEM partner Milestone specializes in open, IP-based video management software. Its flexible technologies have been proven in thousands of installations worldwide.<br />"We are pleased to have won a leading provider of IP video management software like Milestone as our strategic partner and technology supplier," says René Jungbluth, who heads the solutions business at Siemens Building Technologies. "Siemens is a key player in the security industry, and VMS is a vital module in our Siveillance portfolio. It helps further focus and expand our enterprise security solutions business. Because the video technology can also be integrated into the Desigo CC building management platform, the software is an outstanding addition to our Total Building Solutions portfolio as well."<br />"The worldwide strategic partnership with Siemens is very important to us. It is not only proof of how important open platforms are, but also represents a benchmark in our long-standing business relationship," says Lars Thinggaard, president and CEO of Milestone.</p> </div>
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<span property="dc:title" content="Siemens to OEM Milestone&#039;s VMS" class="rdf-meta element-hidden"></span>Wed, 21 Jan 2015 19:58:58 +0000SSN Editor18078 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/blog/siemens-oem-milestones-vms#commentsDVTEL’s all about 4K at ASIShttp://www.securitysystemsnews.com/article/dvtel-s-all-about-4k-asis
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<div class="field-item even">New VMS and camera are part of DVTEL’s ‘4K Certified Solutions Suite’</div>
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<div class="field-item even" property="schema:datePublished dc:date"><span class="date-display-single" property="schema:datePublished dc:date" datatype="xsd:dateTime" content="2014-09-10T00:00:00-04:00">09/10/2014</span></div>
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<div class="field-item even" rel="schema:author dc:creator">Martha Entwistle</div>
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<div class="field-item even" property="schema:articleBody content:encoded"> <p>RIDGEFIELD, N.J. —Video surveillance provider DVTEL has always had its own cameras, but the debut of its Quasar 4K Ultra HD camera at ASIS this month will mark the first time the company is introducing a “leading camera,” DVTEL CEO Yoav Stern told Security Systems News.</p>
<p>The company is also pre-releasing an upgrade to its three VMS products at ASIS. The VMS releases and the new 4K camera are part of DVTEL’s “4k Certified Solutions Suite,” an end-to-end solution that will guarantee 4K quality throughout, Stern said.</p>
<p>Using the analogy of a 4K television, Stern said that unless a television show is transmitted on 4K—which most are not—you don’t get a 4K experience. “The security field is the same thing. You can have a 4K monitor and a 4K camera, but if the rest of the system doesn’t conform with 4K, then you’ve overpaid and you don’t get the 4K results.”</p>
<p>DVTEL has always “been very careful in the past to show and deliver open systems,” Stern said. The company’s end-to-end 4K solution set “does not change the strategy, but it does position us a little bit differently,” he said. “We’re slowly becoming the leaders in this [4K technology].”</p>
<p>Chaim Shain, director and product champion of edge products for DVTEL, said that in the past “high megapixel cameras … were not practical, useable or cost effective” because of high storage costs, poor image quality and poor light sensitivity.</p>
<p>Shain claims that in contrast to earlier models, “there’s no compromise” on those issues with DVTEL’s new 4K camera. “We look at this as the new standard for the evidentiary class of camera technology,” Shain said.</p>
<p>Ed Thompson, DVTEL CTO, said a “really big benefit” of the new Quasar 4K camera is its storage, which he said is more efficient even in comparison to 1080p cameras.</p>
<p>DVTEL will have a small booth at ASIS, but it will be showing these products in a conference room off of the show floor. The company will meet with customers and host four different forums: for users, VARs, its channel advisory group, and A&amp;Es. In addition, DVTEL will have open hours from 10 to 12 each day when anyone can come check out its new products.</p>
<p>The company also announced that it will also be opening a 4K Video Lab and Video Demo Center at its headquarters here.</p> </div>
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<span property="dc:title" content="DVTEL’s all about 4K at ASIS" class="rdf-meta element-hidden"></span>Wed, 10 Sep 2014 17:35:55 +0000Leif Kothe17781 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/article/dvtel-s-all-about-4k-asis#commentsMichael Dell makes ‘multi-million dollar’ investment in VMS provider Eagle Eye Networkshttp://www.securitysystemsnews.com/article/michael-dell-makes-multi-million-dollar-investment-vms-provider-eagle-eye-networks
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<div class="field-item even"> Enrique Salem of Symantec and Austin Ventures also participated in Series B funding</div>
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<div class="field-item even" property="schema:datePublished dc:date"><span class="date-display-single" property="schema:datePublished dc:date" datatype="xsd:dateTime" content="2014-07-31T00:00:00-04:00">07/31/2014</span></div>
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<div class="field-item even" rel="schema:author dc:creator">Martha Entwistle</div>
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<div class="field-item even" property="schema:articleBody content:encoded"> <p>AUSTIN, Texas—In his first personal investment in physical security, Michael Dell, founder and CEO of Dell Inc., today announced a “multi-million dollar” investment in VMS provider Eagle Eye Networks.</p>
<p>“Eagle Eye is the first company in physical security where I have personally led with the investment decision,” Dell told Security Systems News in an email interview.<br /> <br />Eagle Eye, <a href="http://www.securitysystemsnews.com/article/eagle-eye-debuts-modern-open-api">a cloud-managed video management system launched in January by Dean Drako</a>, an entrepreneur who co-founded Barracuda Networks in 2003, will use most of the funding to build infrastructure, namely data centers, Drako told SSN.</p>
<p>Both Eagle Eye and Dell are based here in Austin.</p>
<p>Dell said the “major reason I invested in Eagle Eye is because I believe in Dean Drako’s execution as founder and long-time CEO of Barracuda Networks.”</p>
<p>The Series B Funding came from MSD Capital L.P., Michael Dell’s private investment firm. Also participating in the round were Austin Ventures and Enrique Salem, former CEO of Symantec and current board member at FireEye.</p>
<p>Drako declined to tell SSN the exact amount of the investment.</p>
<p>“Michael and a few other folks … learned about Eagle Eye and had a strong interest in contributing and assisting in its growth,” Drako said.</p>
<p>Dell “is not on our board or [working with us] in any official capacity, but he has offered to do whatever he can to assist when we need help, or where he can help.” </p>
<p>“Michael has been selling IT products for a long time. He understands the business models [and how business is conducted] in different countries,” Drako pointed out.</p>
<p>Currently Eagle Eye Networks has three data centers, two in the U.S. and one in Canada.</p>
<p>Drako said that his other business, Barracuda Networks, has a “dozen data centers around the world” where the company stores “around 60 petabytes of data … several hundred racks of equipment in a small building.”</p>
<p>Because video takes up more room than other data, he anticipates building larger data centers for Eagle Eye. They’ll be located in North America and in other locations around the world.</p>
<p>Funds will also be used to expand Eagle Eye’s sales and engineering teams and to build out the company’s reseller channel. Already, he has “about 100 resellers who have signed up in the last five months. … I'm pretty pleased.”</p>
<p>Currently Eagle Eye has 30 employees. Eventually, the company will be about one-third engineering, one-third sales and one-third support, Drako said, but right now, Eagle Eye is “still heavily engineering—about 70 percent,” he said.</p>
<p>Eagle Eye’s earliest deployments have been in retail, QSR, corporate offices, homeowner associations, day care centers, “all over the map” in terms of vertical markets, Drako said.</p>
<p>Drako believes that the need for flexible storage capacity and off-site redundancy is driving adoption of cloud solutions because they’re “more efficient for multi-site integration and upgrades, while also delivering much better access to the video content and camera status.”<br /> <br />What do Eagle Eye and other cloud-based technology providers need to do to get more physical security integrators to embrace these technologies?</p>
<p>Drako said that “providers must manage the bandwidth usage, [and] meet rigorous security requirements. Further, they must not tie users to a particular camera, so they can retain their investment existing analog cameras, and also have the flexibility select the right ONVIF-compatible IP cameras for their business. Eagle Eye has addressed all three of these major obstacles to adoption.”</p> </div>
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<span property="dc:title" content="Michael Dell makes ‘multi-million dollar’ investment in VMS provider Eagle Eye Networks" class="rdf-meta element-hidden"></span>Thu, 31 Jul 2014 11:38:31 +0000SSN Editor17695 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/article/michael-dell-makes-multi-million-dollar-investment-vms-provider-eagle-eye-networks#comments OnSSI has new licensing structurehttp://www.securitysystemsnews.com/also-noted/onssi-has-new-licensing-structure
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<div class="field-item even"><span class="date-display-single" property="dc:date" datatype="xsd:dateTime" content="2014-07-15T00:00:00-04:00">07/15/2014</span></div>
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<div class="field-item even" property="content:encoded"> <p>PEARL RIVER, N.Y.—VMS provider OnSSI on July 15 announced a new licensing structure designed to accelerate the migration from analog to IP video surveillance operations. The licensing is based on a one-to-one-to-many licensing structure whereby only one license is required for each encoder IP address, regardless of the number of analog cameras connected to the encoder. This provides analog system owners with a highly cost-efficient incentive to implement their migration from analog to IP functionality without having to rip and replace legacy edge devices and cabling infrastructure, the company said in a news release.</p>
<p>“Our new licensing structure provides users employing analog cameras and infrastructure with a compelling incentive to migrate their surveillance operations to an IP platform employing the power of our Ocularis VMS solution,” said Ken LaMarca, VP of sales and marketing, OnSSI. “By greatly reducing the licensing costs associated with individual analog cameras by requiring only one license per encoder IP address, OnSSI opens up a whole new level of IP efficiency and functionality for the large population of analog system users, while further amortizing prior capital investments in their surveillance systems.”<br /> <br />Ocularis from OnSSI delivers innovative VMS capabilities that change the rules for system design, implementation, operation and scalability. It provides a truly open platform that enables higher levels of Physical Security Information Management (PSIM) integration with industry leading video and access solutions.</p> </div>
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<span property="dc:title" content=" OnSSI has new licensing structure" class="rdf-meta element-hidden"></span>Tue, 15 Jul 2014 20:01:45 +0000SSN Editor17651 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/also-noted/onssi-has-new-licensing-structure#commentsNorth American video surveillance market poised for rapid expansionhttp://www.securitysystemsnews.com/article/north-american-video-surveillance-market-poised-rapid-expansion
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<div class="field-item even">Author expects &#039;massive proliferation&#039; of IP cameras during forecast period</div>
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<div class="field-item even" property="schema:datePublished dc:date"><span class="date-display-single" property="schema:datePublished dc:date" datatype="xsd:dateTime" content="2014-07-15T00:00:00-04:00">07/15/2014</span></div>
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<div class="field-item even" rel="schema:author dc:creator">Leif Kothe</div>
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<div class="field-item even" property="schema:articleBody content:encoded"> <p>BLOOMINGTON, Minn.—With the technology becoming ever more sophisticated, video surveillance systems are on the verge of becoming an indispensible component of security systems worldwide. In the coming years, the growth of the North American market is expected to reflect that reality.</p>
<p>Worth $4.56 billion in 2013, the market is projected to reach $15.81 billion by 2020, according to a market report from BIS Research titled, “Video Surveillance System (camera, storage, monitor, software &amp; services) market size: Global analysis &amp; forecast—2014 to 2020.”</p>
<p>“The ongoing market trend suggests that in the coming years there will be a massive proliferation of IP cameras in the market, thanks to the high image quality and low power consumption in such cameras,” Ravi Baid, technology practice head at BIS Research, told Security Systems News.</p>
<p>Baid noted that high revenues in recent times are in part attributable to recent terror attacks, such as the Boston Marathon bombing, which showcased the efficacy of sophisticated video surveillance systems. Recent high-profile attacks and crimes have demonstrated that many security systems were, according to Baid, “lacking the ‘intelligence’ required to monitor and control anti-social activities.”</p>
<p>Thus, over the past five years, the market has witnessed a rapid transition from analog systems to IP/network cameras—a transition that includes the expanded adoption of thermal and panoramic cameras, Baid said, which can provide a 360-degree view and the ability to monitor during night and low visibility conditions.</p>
<p>“Technology is never stagnant, and so is the case of video surveillance systems,” Baid told SSN. “There is immense potential to upgrade the existing cameras, storage and related equipment and also the electronic components that provide the processing of [this] equipment.”</p>
<p>Baid explained that video surveillance equipment is being “increasingly driven by embedded processors,” which he said are designed to perform several key functions. Embedded processors should secure intellectual property, lower power dissipation, minimize cost and reduce development time.</p>
<p>The growth and technological trajectory of the video surveillance market is also spurring greater demand for cloud storage and video surveillance as a service, or VSaaS, which “presents big opportunities for new companies venturing their way into the video surveillance market and also for the traditional vendors providing analog cameras and VMS,” Baid told SSN.</p>
<p>He added that the parallel evolution of smart homes and building automation has also “surged the demand [for] smart video surveillance systems in the related security installations.”<br />Several looming factors could constrain the lofty growth projections for the market. Lack of standardization is one of them, Baid said. The amount of data stored creates an “alarming need” for forming a set of standards for proper use of the data.</p>
<p>“Standards make it easier for the organization to control the flow of data from one place to another, since everybody will be working along the same standards line,” he explained. “Also, it provides consistency for manufacturers and integrators and creates end-user confidence in products, systems, processes and services.”</p>
<p>High initial costs could also emerge as a growth barrier for the market, according to the report. While the cost of storing and accessing surveillance video content could be taxing, so too could the cost of having to employ or train skilled professionals to use a sophisticated surveillance system, according to Baid.</p>
<p>On the equipment side, high initial costs are associated with NVRs and storage devices. The costs related to operating expenses and acquiring the floor space, power and cooling methods for these systems can also be high, Baid noted.</p> </div>
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<span property="dc:title" content="North American video surveillance market poised for rapid expansion" class="rdf-meta element-hidden"></span>Tue, 15 Jul 2014 13:15:45 +0000Leif Kothe17647 at http://www.securitysystemsnews.comhttp://www.securitysystemsnews.com/article/north-american-video-surveillance-market-poised-rapid-expansion#comments